Civic Intelligence

Lamplighter Montessori School Inc

990 • Fiscal year 2017 • EIN 62-0848471

Aug 01, 2016 to Jul 31, 2017 • Filed on Jan 15, 2018

8563 Fay RoadCordova, TN 38018

(901) 751-2000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.45x

Higher debt load relative to assets than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.52x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

55th percentile

4.6%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

56th percentile

$73,973

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

43rd percentile

1.2%

Faster asset growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

73rd percentile

20%

Faster revenue growth than 73% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,285,023

Up $15,704 (+1.2%) from 2016

Net Assets

Up

$712,097

Up $51,461 (+7.8%) from 2016

Liabilities

Down

$572,926

Down $35,757 (-5.9%) from 2016

Revenue

Up

$1,099,713

Up $185,582 (+20%) from 2016

Expenses

Up

$1,048,588

Up $124,866 (+14%) from 2016

Net Income

Up

$51,125

Up $60,716 (+633%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $1,314,531Liabilities 2011: $626,855Net Assets 2011: $687,6762011Assets 2012: $1,270,408Liabilities 2012: $565,308Net Assets 2012: $705,1002012Assets 2013: $1,191,736Liabilities 2013: $492,904Net Assets 2013: $698,8322013Assets 2014: $1,219,206Liabilities 2014: $531,506Net Assets 2014: $687,7002014Assets 2015: $1,302,898Liabilities 2015: $634,204Net Assets 2015: $668,6942015Assets 2016: $1,269,319Liabilities 2016: $608,683Net Assets 2016: $660,6362016Assets 2017: $1,285,023Liabilities 2017: $572,926Net Assets 2017: $712,0972017Assets 2018: $1,224,824Liabilities 2018: $504,341Net Assets 2018: $720,4832018Assets 2019: $1,234,388Liabilities 2019: $397,210Net Assets 2019: $837,1782019Assets 2020: $1,473,323Liabilities 2020: $470,643Net Assets 2020: $1,002,6802020Assets 2021: $1,655,182Liabilities 2021: $320,048Net Assets 2021: $1,335,1342021Assets 2022: $1,931,393Liabilities 2022: $166,306Net Assets 2022: $1,765,0872022Assets 2023: $4,904,112Liabilities 2023: $2,665,727Net Assets 2023: $2,238,3852023Assets 2024: $4,771,030Liabilities 2024: $2,522,921Net Assets 2024: $2,248,1092024

Highlighted filing

2017

Assets$1,285,023
Liabilities$572,926
Net Assets$712,097

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,111,4382011Revenue 2012: $1,166,993Expenses 2012: $1,148,382Net Income 2012: $18,6112012Expenses 2013: $1,191,0342013Revenue 2014: $1,131,483Expenses 2014: $1,144,332Net Income 2014: -$12,8492014Revenue 2015: $1,052,585Expenses 2015: $1,015,083Net Income 2015: $37,5022015Revenue 2016: $914,131Expenses 2016: $923,722Net Income 2016: -$9,5912016Revenue 2017: $1,099,713Expenses 2017: $1,048,588Net Income 2017: $51,1252017Revenue 2018: $1,107,019Expenses 2018: $1,098,633Net Income 2018: $8,3862018Revenue 2019: $1,243,209Expenses 2019: $1,127,395Net Income 2019: $115,8142019Revenue 2020: $1,394,511Expenses 2020: $1,229,009Net Income 2020: $165,5022020Revenue 2021: $1,656,914Expenses 2021: $1,330,243Net Income 2021: $326,6712021Revenue 2022: $2,081,982Expenses 2022: $1,654,535Net Income 2022: $427,4472022Revenue 2023: $2,411,966Expenses 2023: $1,938,257Net Income 2023: $473,7092023Revenue 2024: $2,655,624Expenses 2024: $2,645,494Net Income 2024: $10,1302024

Highlighted filing

2017

Revenue$1,099,713
Expenses$1,048,588
Net Income$51,125
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Jan 15, 2018
Return Version
2016v3.1
Gross Receipts
$1,100,015
Mission and Program Overview

Mission

Childhood education through montessori methods

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,158,979$1,134,213▼ $24,766
Cash and Non-Interest-Bearing Accounts$46,983$61,336▲ $14,353
Accounts Receivable$27,151$60,536▲ $33,385
Investments in Publicly Traded Securities$13,808$14,145▲ $337
Savings and Temporary Cash Investments$6,396$4,499▼ $1,897
Prepaid Expenses and Deferred Charges$6,236$528▼ $5,708
Total Assets$1,269,319$1,285,023▲ $15,704
Other Assets Total$9,766$9,766→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$364,357$332,053▼ $32,304
Deferred Revenue$69,490$82,475▲ $12,985
Unsecured Notes Loans Payable$85,000$80,000▼ $5,000
Accounts Payable and Accrued Expenses$89,836$78,398▼ $11,438
Total Liabilities$608,683$572,926▼ $35,757
Net Assets / Fund Balance
Unrestricted Net Assets$660,636$712,097▲ $51,461
Total Net Assets Fund Balance$660,636$712,097▲ $51,461
Total Liabilities and Net Assets / Fund Balance$1,269,319$1,285,023▲ $15,704

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$733,753$476,810$1,210,563
Land$381,108-$381,108
Equipment$19,352$266,423$285,775
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Terrie SampsonHead of SchoFT$73,973$73,973

Board Members and Trustees

NameTitle
Jason LandrumPresident
Chandra MurphyBoard Member
Hugh MooreBoard Member
Janet PanterBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$7,500
Program Service Revenue
$1,061,497
Investment Income
$294
Other Revenue
$30,422
Change in Net Assets
$51,125

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,099,713
Revenue Not Reported on Form 990
$638
Total Revenue per Audited Statements
$1,100,351
Total Revenue per Form 990
$1,099,713
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$690,666
Other Expenses$357,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$459,341$109,643-$568,984
All Other Expenses$73,388$21,903-$95,291
Occupancy$74,164$15,981-$90,145
Current Officers, Directors, Trustees, and Key Employees$59,718$14,255-$73,973
Payroll Taxes$38,868$8,841-$47,709
Depreciation Depletion$32,381$4,002-$36,383
Interest-$24,315-$24,315
Insurance$11,082$5,459-$16,541
Other Expenses$12,013--$12,013
Fees for Services Accounting-$7,615-$7,615
Information Technology$5,016--$5,016
Office Expenses-$3,996-$3,996
Conferences and Meetings-$941-$941
Advertising-$582-$582
Total Functional Expenses$831,055$217,533$0$1,048,588

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,048,890
Expenses per Audited Statements$1,048,588
Total Expenses per Form 990$1,048,588
Expenses Not Reported on Form 990$302
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$302
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The school's board of directors reviews the form 990 before it is filed. The form 990 is prepared by an independent cpa firm.

Form 990, Page 6, Part VI, Line 12C

Conflicts, if any, are addressed on a case by case basis as they arise. Conflicted board members rescue themselves from applicable situations.

Form 990, Page 6, Part VI, Line 19

Governing documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Lamplighter Montessori School Inc
EIN
62-0848471
Address
8563 FAY ROAD, CORDOVA, TN 38018

Signing Officer

Name
Terrie Sampson
Title
Head of School
Phone
9017512000
Signed
2018-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Landrum
Formed
1971
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
21

Preparer

Firm
Alexander Thompson Arnold Pllc
Address
6525 N QUAIL HOLLOW SUITE 500, MEMPHIS, TN 38120
Preparer
Terryl M Viner
Phone
9016841170
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Direct financing expenses in expenses on financials 302 direct financing expenses in expenses on financials -302

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Direct financing expenses in expenses on financials 302

Schedule D, Page 4, Part XII, Line 2D

Direct financing expenses in expenses on financials 302

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/LandGrp/BookValueAmt0381108
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0381108
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0336
IRS990ScheduleD/OtherExpensesIncludedAmt0302
IRS990ScheduleD/OtherRevenueAmt0302
IRS990ScheduleD/RevenueNotReportedAmt0638
IRS990ScheduleD/RevenueSubtotalAmt01099713
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT FINANCING EXPENSES IN EXPENSES ON FINANCIALS 302
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FINANCING EXPENSES IN EXPENSES ON FINANCIALS 302
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01134213
IRS990ScheduleD/TotalExpensesPerForm990Amt01048588
IRS990ScheduleD/TotalRevenuePerForm990Amt01099713
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01100351
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01048890
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0YES, SCHOOL STATES IN THEIR WEBSITE AND ENROLLMENT PACKET THAT LAMPLIGHTER MONTESSORI SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, CREED, NATIONAL AND ETHNIC ORGIN TO ALL PROGRAMS AND ACTIVITIES MADE AVAILABLE TO STUDENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED. THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS, IF ANY, ARE ADDRESSED ON A CASE BY CASE BASIS AS THEY ARISE. CONFLICTED BOARD MEMBERS RESCUE THEMSELVES FROM APPLICABLE SITUATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECT FINANCING EXPENSES IN EXPENSES ON FINANCIALS 302 DIRECT FINANCING EXPENSES IN EXPENSES ON FINANCIALS -302
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01269319
IRS990/TotalAssetsEOYAmt01285023
IRS990/TotalAssetsGrp/BOYAmt01269319
IRS990/TotalAssetsGrp/EOYAmt01285023
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt07500
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0217533
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0831055
IRS990/TotalFunctionalExpensesGrp/TotalAmt01048588
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0608683
IRS990/TotalLiabilitiesEOYAmt0572926
IRS990/TotalLiabilitiesGrp/BOYAmt0608683
IRS990/TotalLiabilitiesGrp/EOYAmt0572926
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0660636
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0712097
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0156475
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0156475
IRS990/TotalProgramServiceExpensesAmt0831055
IRS990/TotalProgramServiceRevenueAmt01061497
IRS990/TotalReportableCompFromOrgAmt073973
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01092515
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01099713
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01269319
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01285023
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0660636
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0712097
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt085000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt080000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08563 FAY ROAD
IRS990/USAddress/CityNm0CORDOVA
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd038018
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0LAMPLIGHTERSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRIE SAMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum09017512000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAMPLIGHTER MONTESSORI SCHOOL INC
ReturnHeader/Filer/BusinessNameControlTxt0LAMP
ReturnHeader/Filer/EIN0620848471
ReturnHeader/Filer/USAddress/AddressLine1Txt08563 FAY ROAD
ReturnHeader/Filer/USAddress/CityNm0CORDOVA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038018
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00CF78BCC36444F9E07D7A65869C08D4EE3BEED24
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId057DA44046E02AE91CBE12B1F07D1FCEC562DFDAD
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621110839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER THOMPSON ARNOLD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06525 N QUAIL HOLLOW SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEMPHIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038120
ReturnHeader/PreparerPersonGrp/PhoneNum09016841170
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRYL M VINER
ReturnHeader/ReturnTs02018-06-05T15:22:43-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-08-01
ReturnHeader/TaxPeriodEndDt02017-07-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.77$2.52$2.25$2.66$2.65$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.90$2.67$2.24$2.41$1.94$0.47
2022Detailed filing. Detailed filing data is available for this year.$1.93$0.17$1.77$2.08$1.65$0.43
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.66$0.32$1.34$1.66$1.33$0.33
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.47$1.00$1.39$1.23$0.17
2019Detailed filing. Detailed filing data is available for this year.$1.23$0.40$0.84$1.24$1.13$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.22$0.50$0.72$1.11$1.10$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.29$0.57$0.71$1.10$1.05$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.61$0.66$0.91$0.92$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.63$0.67$1.05$1.02$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.53$0.69$1.13$1.14$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.49$0.70$1.19
2012Summary only. Only limited summary data is available for this year.$1.27$0.57$0.71$1.17$1.15$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.63$0.69$1.11